Question 1

What is Kotak 811 Edge account and how do I apply for it?

Accepted Answer

Kotak 811 Edge is a savings account which brings you the benefits of an 811 Digital Savings Account combined with the benefits of an Edge savings account like - Average Monthly Balance (AMB) of Rs. 10,000/-. Free Online transfers (NEFT, RTGS, IMPS) - To help you Go Cashless! and many more

Question 2

I do not have a PAN. Can I still apply for a Kotak811 account?

Accepted Answer

Unfortunately, we need your PAN to open your 811 account. If you don't have one, please visit www.apply.kotak.com to open your kotak811 Edge account and one of our customer executives will contact you. Since you don't have a PAN, you will need to fill Form 60 and submit it with your application.

Question 3

I do not have an Aadhaar number. Can I still apply for a Kotak811 Savings account?

Accepted Answer

Unfortunately, we need your Aadhaar number to open your 811 account via our app.  If you don't have one, please visit www.apply.kotak.com to open your Kotak 811 Edge Savings account and one of our customer executives will contact you.

Index	811 Edge A/c
Average Monthly Balance	₹10,000
Non Maintenance Charges	6% of the shortfall in required AMB per month (Max up to ₹500/-)
Digital Fund Transfer - NEFT/RTGS/IMPS	Free
Virtual Debit Card	Free
Physical Debit Card	One time image cost as per image selection + ₹399 / year (inclusive of taxes)
Daily ATM cash withdrawal	₹25,000
Cash transaction limit	₹10,000 or 1 transaction per month